WASHINGTON - On the eve of Senate passage of bankruptcy reform, Majority Leader Trent Lott predicted Tuesday that House and Senate lawmakers would reconcile their differing versions of the legislation fairly easily.

"I think it will do well in conference. It will be improved," Sen. Lott told reporters after a breakfast speech at the U.S. Chamber of Commerce. The Mississippi Republican added that the stricter House bill favored by lenders is in many ways better than the Senate version.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.